Currency Markets

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar fell back on Monday morning as its United States counterpart gained strength. As of 8:35 am CDT, the loonie was at US$0.7258 or US$1=C$1.3775 compared to Friday’s close of US$0.7284 or US$1=C$1.3728. On the U.S. Dollar Index, the greenback advanced 0.568 of a point at […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar was virtually unchanged on Friday to end a negative week for the currency. The loonie closed the day at US$0.7284 or US$1=C$1.3728, compared to US$0.7287 or US$1=C$1.36724 on Thursday. It ended the week down seven-tenths of a U.S. cent compared to June 13. The United States Dollar Index […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar saw a slight decline on Friday morning, putting it on track for one of its worst performing weeks in recent memory. The loonie was at US$0.7283 or US$1=C$1.3731 as of 8:34 a.m. CDT, compared to Thursday’s close at US$0.7287 or US$1=C$1.3724. The United States Dollar Index was down […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar fell back below the 73 United States cent mark on Thursday. The loonie closed the day at US$0.7287 or US$1=C$1.3724, compared to US$0.7314 or US$1=C$1.3673 on Wednesday. Statistics Canada reported on Thursday that the country’s unemployment rate increased to 6.9 per cent in April, compared to 6.2 […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar fell below the 73 United States cent mark early Thursday. The loonie was at US$0.7289 or US$1=C$1.3719 as of 8:34 a.m. CDT, compared to Wednesday’s close at US$0.7314 or US$1=C$1.3673. The U.S. Dollar Index was up 0.02 of a point at 98.92. The U.S. Federal Reserve announced […] Read more

Reading Time: < 1 minute The Canadian dollar took a tumble on Wednesday as the United States Federal Reserve left its key interest rates unchanged. The loonie closed the day at US$0.7314 or US$1=C$1.3673, compared to US$0.7351 or US$1=C$1.3603 on Tuesday. The U.S. Dollar Index was down 0.18 of a point at 98.64. Fed chairman Jerome Powell also said it may […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar The Canadian continued to decline on Wednesday morning, adding to losses incurred on Tuesday. The loonie was at US$0.7325 or US$1=C$1.3652 as of 8:32 a.m. CDT, compared to Tuesday’s close at US$0.7351 or US$1=C$1.3603. The United States Dollar Index was down 0.13 of a point at 98.69. The […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar closed lower on Tuesday as the conflict between Israel and Iran continues to escalate. The loonie finished the day at US$0.7351 or US$1=C$1.3603, compared to US$0.7376 or US$1=C$1.3558 on Monday. The United States Dollar Index jumped 0.81 of a point at 98.81. U.S. President Donald Trump urged for Iran’s […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar took a small step back on Tuesday morning. The loonie was at US$0.7362 or US$1=C$1.3583 as of 8:33 a.m. CDT, compared to Monday’s close at US$0.7376 or US$1=C$1.3558. The United States Dollar Index was up 0.14 of a point at 98.13. The escalating conflict between Israel and Iran […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar ended Monday short of the 74 United States cent mark, but it was the highest close since October. The loonie closed the day at US$0.7376 or US$1=C$1.3558, compared to US$0.7354 or US$1=C$1.3598 on Friday. The U.S. Dollar Index was down 0.04 of a point at 98.14 after nearly dropping […] Read more